From Nasdaq MarketSite:

Alibaba (BABA) had a 1.8% return over the past month, compared to the 5.1% return of the Zacks S&P. Assess factors that could influence the stock’s performance.
Zacks focuses on changes in a company’s earnings projection. Alibaba currently has a Zacks Rank #3 (Hold).
Alibaba is expected to post earnings of $1.56 per share for the current quarter and $8.86 for the current fiscal year.
Consensus sales estimates for Alibaba indicate a 2.8% change for the current quarter and 4.6% and 7.1% changes for the current and next fiscal years, respectively.
Alibaba reported revenues of $36.67 billion in the last reported quarter, representing a year-over-year change of +2.1%.
Alibaba is graded A based on the Zacks Value Style Score.

Zacks notes that, despite the recent market buzz, Alibaba’s Zacks Rank #3 may indicate comparable performance with the broader market.
Zacks has named a semiconductor stock with more room to grow than NVIDIA. With growing earnings and a strong customer base, the stock is in an excellent position for future growth. Looking for free stock analysis? Click here.
The article originally appeared on Zacks.com and was written by the views and opinions of that source.



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